Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0087%/8h= −9.5% APRnext payment $0.11 per $10,000 · paid last 24h −0.089%
Price spread now: GMX against ApeX Omni−0.007%68s7-day average −0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.249%−$25 on $10k
Price spread, last 4 days (all we have)+0.288%+$29 · spread now −0.007%, 7d avg −0.007%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.51240.0100pay 0.0013% / 1h47m 56s$1.2M$1.1M50x
ShortGMX XRP/USD [ETH-USDC]1.5123L +0.0069% / S −0.0013%get 0.0002% / 1h47m 56s$793K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$18.26
Price spread: −0.007% → −0.007%
$0.05
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$40.22
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 6 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 6 min ago4.30 bp9.5 bp −$1015.5 bp −$155doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5108−0.106%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5121−0.020%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5104−0.133%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5120−0.026%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5125+0.007%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.005%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.883%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5127+0.020%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]shortL +0.0069% / S −0.0013%1h1.5123−0.007%$793K200x
Lighter XRP+0.0096%1h1.5121−0.023%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5123−0.007%$497K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5116−0.053%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.010%$939K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5126+0.013%$290.9M$258.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5110−0.093%$38.7M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5113−0.072%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5113−0.073%$531.7M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5116−0.053%$342.2M$950.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5116−0.053%$125.4M$888.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5107−0.112%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5128+0.026%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.067%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5112−0.079%$372.2M$155.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5110−0.093%$295.2M$904.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5113−0.075%$107.8M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5106−0.119%$268.0M$393.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5113−0.073%$105.2Mas long as short
Variational Omni XRP+0.0100%8h1.5128+0.025%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5106−0.120%$656K$111.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.046%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5124long leg$1.2M$1.1M50x
Vest XRP-PERP+0.0100%1h1.5118−0.040%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5128+0.026%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5120−0.026%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5123−0.007%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5122−0.011%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5110−0.096%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5121−0.020%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5106−0.118%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5118−0.040%$53.9M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5111−0.083%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5106−0.116%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5120−0.026%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0146%8h1.5120−0.026%$1.8M$35.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5125+0.007%$5.7M$48.3M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5127+0.020%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5119−0.032%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097−0.179%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5124−0.001%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5128+0.027%$516K$777K10xas long as short
Aftermath Perps XRPUSD+0.0617%1h1.5124+0.003%$2K$15K10xas long as short